Business Terms and Jargon Explained

What is Tax code

All UK residents that are illegible to work have a tax code. This is usually on your P2, P45 or p60. A tax code will be given to anyone that has a work visa.

This tells the employer how to deduct tax form the employee.

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Dependency Chargeable Asset Mission critical
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MIME ROI Capped Rate
Vide N5 Civil Court form Non constat
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N323 Civil Court form Off Balance Sheet Non sequitur

Term created / updated 2005-07-16 23:12:15

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